Single Tenant Commercial Investment on Racecourse Road

Building Description:

Silk, an architecturally designed mixed-use development completed late 2020 . The four level building comprises:

• 573 m² Retail (Ground floor)
• 588 m² Commercial / Office (First floor - final tenancy now for sale.)
• Two levels of 11 luxury apartments (Levels 2 & 3)

What is on offer?

Lot 3 SP302675 - is the final commercial lot in the building, now leased to Clear Insurance on a 5 + 5-year lease and being sold with substantial fitout owned by the landlord, so including substantial depreciations and tax
deductions for the new owner.

Key Investment Attributes:

• Gross Floor Area Lot 3: 87 m²
• Allocated Car Parks Lot 3: 2
• Car parks in the building: 17 for the commercial level, 17 for retail customers and tenants and 25 for residents

(which is separated by an internal boom gate)

Clear insurance is run by Managing director Lisa Carter.

Lisa is a multi-award-winning Insurance broker with over 25 years of experience in the industry as an advisor and has been at the helm of Clear Insurance for over 12 years.

Explore the area

View in Google Maps

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.